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As a security engineer and advisor that has had access to the internal practices of dozens of crypto-asset companies, I can assure everyone this level of neglig
by lrvick 4y ago
As a security engineer and advisor that has had access to the internal practices of dozens of crypto-asset companies, I can assure everyone this level of negligence is -so- normal that if you actually behaved responsibly in this space it would be very hard to compete with those that are not.
Almost no one bothers with even the most basic of security controls, often connecting to production systems containing billions of dollars with compromised personal use laptops.
There are several more MtGox, QuadrigaCX, and FTX style events cooking right now.
Also, here is your daily reminder that decentralized assets stored in centralized third party systems are not yours, and will probably be abused or stolen.
Learn to use a hardware wallet or stick with low-tech asset classes like precious metals.